The Scale Of The 134Th Canton Fair Reaches A New High, And Positive Factors For Foreign Trade Continue To Accumulate
The 134th China Import and Export Fair opened recently. The total exhibition area, total number of booths, and number of exhibitors at this Canton Fair have all reached new highs. The Canton Fair is one of the important windows for observing China's foreign trade. The continued growth of relevant data reflects the positive changes in my country's foreign trade. This mutually confirms with other data released recently, indicating that my country's high-quality foreign trade development has a more solid foundation for "stable" development, demonstrating strong resilience and innovative vitality.
Double improvement in quantity and structure
There are nearly 29,000 exhibitors on the online platform of this Canton Fair, 2,115 more than the previous session. The level of intelligence and convenience of the online platform has been continuously improved, and 101 functions have been optimized. So far, exhibitors on the online platform have uploaded about 2.72 million products, including about 700,000 new products.
"The preparation period for this Canton Fair has already shown the continuous accumulation of positive factors for my country's foreign trade." Qu Weixi, deputy director of the Institute of International Trade and Economic Cooperation of the Ministry of Commerce, said that the number of exhibitors has increased, and many specialized and new "little giants" ”, manufacturing individual champions, and national high-tech enterprises actively participated in the exhibition. There are nearly 100,000 new exhibits with high technical content and high added value such as new energy and industrial automation.
Judging from the pre-registration rate, hotel reservation rate, flight reservation rate, etc., the participation situation of overseas purchasers in this Canton Fair is stable and improving. "It is expected that the number of attendees will increase significantly compared with the last Canton Fair." said Xu Bing, spokesman for the Canton Fair and deputy director of the China Foreign Trade Center.
In terms of optimizing the exhibition area structure, this Canton Fair provides more display space for advanced manufacturing products and displays more innovative, high-end, intelligent and green products, reflecting changes in my country's industrial structure and export commodity structure.
Jiangsu Sumida Mechanical and Electrical Co., Ltd. demonstrated smart energy innovation results during the Canton Fair. Zhou Yu, general manager of the company, said that the portable energy storage equipment unveiled this time uses lithium batteries as a carrier and can be used in outdoor travel, emergency disaster preparedness and other scenarios.
For more than 20 years, Guangzhou Pisces Sports Goods Group Co., Ltd. has never missed the Canton Fair. "We have improved the output rate and quality stability of international standard balls by continuously upgrading production processes and innovating selection processes. We have registered brands in more than 30 countries and established a market network." said Wu Huaqiang, deputy general manager of Pisces Sports.
Leverage platform advantages to expand the market
After years of innovative development, today's Canton Fair has become a comprehensive platform integrating information exchange, innovation release, industry promotion, trade services and other functions.
In order to welcome the Canton Fair, Guangzhou Hivit Technology Co., Ltd. accelerated the research and development and launched 8 new products for the first time, and obtained the qualification to participate in the new product release of the Canton Fair. “We hope to ‘dazzle’ the eyes of global merchants.” Yu Shaomei, the company’s sales director, said that from OEM to launching its own brand to enter overseas markets, the company has gradually realized that the key to improving competitiveness lies in innovation.
As the largest exhibitor, private enterprises accounted for 90% of the Canton Fair this year. The latest foreign trade data released in the first three quarters show that my country's private enterprises' import and export reached 16.34 trillion yuan, a year-on-year increase of 6.1%, accounting for 53.1% of my country's total import and export value. "Private enterprises continue to serve as the main force of China's exports, the vanguard of brand building, and the leader in the import of consumer goods." said Ni Yueju, a researcher at the Institute of World Economics and Politics, Chinese Academy of Social Sciences.
Since the Canton Fair fully resumed offline exhibitions, many exhibitors have said that customers who negotiate offline are more sticky and have a better experience. Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd. is an "old friend" of the Canton Fair. At present, the company's share of the international market for electric vehicles is not low, but it still hopes to open up a larger market through the Canton Fair.
There are “old friends” and there are “new recruits” in foreign trade. "This is our first time participating in the exhibition, and we have brought a number of top products." Zhang Yeqing, deputy general manager of Qingzhou Jianfu Gear Co., Ltd. in Shandong Province, said that he hopes to compete with domestic and foreign counterparts on the big stage of the Canton Fair to promote continuous product quality upgrades. .
Foreign trade shows resilience as it moves forward under pressure
Since the beginning of this year, the world economic recovery has been unstable and external demand has weakened. Combined with the impact of last year's high base, foreign trade growth is facing considerable pressure. Experts said that my country's economy continues to recover and the high-quality development of foreign trade has made solid progress. In the fourth quarter, my country's foreign trade generally moved forward under pressure.
"The unstable recovery momentum of the world economy is still the biggest challenge facing exports, but the comprehensive competitive advantage of my country's exports is still solid." Lu Daliang, spokesperson of the General Administration of Customs and director of the Statistics and Analysis Department, said. The results of the China Customs Trade Prosperity Statistical Survey show that the proportion of companies reporting export orders remained stable or increasing in September increased by 0.8 percentage points compared with August, and the proportion of companies expressing optimism about future exports increased by 1.3 percentage points.
A relevant questionnaire survey by the Ministry of Commerce shows that export tax rebate measures are one of the most popular policies for stabilizing foreign trade among export companies. As an enterprise that exports from overseas warehouses, Guangdong Yinghao Craft Products Co., Ltd. has accumulated export tax rebates of 4.52 million yuan this year. The person in charge of the company said that the rapid return of funds has enhanced the company's confidence in further exploring overseas markets. Guangzhou Hutou Battery Group Co., Ltd. continues to tap the demand for energy storage lithium battery products in overseas markets, and its products are welcomed by the market. The more orders there are, the more funds need to be paid in advance. "Now you can apply for export tax rebates online. The 'on-the-go' review process for export tax rebates accelerates the speed of capital turnover and effectively alleviates the R&D pressure on enterprises." said Zhou Songyi, general manager of the company.
In the first three quarters, my country's exports of mechanical and electrical products were 10.26 trillion yuan, a year-on-year increase of 3.3%, accounting for 58.3% of the total export value, an increase of 1.5 percentage points from the same period last year. The results of a recent questionnaire survey conducted by the China Chamber of Commerce for Import and Export of Machinery and Electronic Products among 350 foreign trade companies show that nearly 40% of companies expect their exports to increase year-on-year in the fourth quarter, and nearly 70% of companies expect their exports to increase year-on-year or stay the same for the whole year, both of which are better than this year. Survey results in April.
"The next step is to further improve foreign trade support policies in response to issues that the market and enterprises are concerned about." Qu Weixi believes that policies should also be introduced to support new energy vehicle trade cooperation, support second-hand car exports, improve the development level of processing trade, and support the construction of overseas warehouses. and other policy measures. In addition, it is necessary to hold key exhibitions well, strengthen international market development, carry out enterprise-related training, and increase financial services.
"Overall, with the strong policies, the efforts of enterprises, and the joint efforts of all parties, the stable and positive export momentum in the fourth quarter is expected to continue to be consolidated." Lu Daliang said.